Neon Hybren Pvt. Ltd., a Mahindra Sustem subsidiary, has achieved financial closure for its 45 MWp Solar project in Punjab, securing INR 1,400 million from Exim Bank under its Sustainable Finance Programme. The project has a power purchase agreement with Mahindra’s Swaraj Tractors Division. This initiative supports Mahindra Sustem’s renewable energy expansion.
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